Friday, January 26, 2007

More on the Health Insurance Plan with No Name (can you hear the crickets chirping?)

GWB makes the proposal and it’s DOA. But per Mike Franc at HumanEvents:

To [Dick] Armey [(R.-Tex.)] and [Pete] Stark [(D.-Calif.)]-, the solution [in 1999] was obvious: Use the tax code to help increase [health insurance] coverage. "We think Congress should create a new refundable tax credit to enable all Americans to buy decent health coverage." Other liberals agreed. Sen. Barbara Boxer (D.-Calif.), and Reps. Barney Frank (D.-Mass.) and Jim McDermott (D.-Wash.) sponsored legislation creating tax credits or deductions for individuals to purchase health coverage.


Stark refused to even hold hearings on it in the health subcommittee he chairs, saying the plan was "designed for disaster." Rep. Charles Rangel (D.-N.Y.), dismissed it as "a dangerous policy that … shifts cost and risk from employers to employees."

This knee-jerk opposition prompted some journalists to scold Democrats. The Post’s Steve Pearlstein noted that the plan "actually involves raising taxes on the rich and lavishly insured and giving the money to the working poor and the uninsured...."

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